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Oct 8, 2013
10/13
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debt ceiling. the speaker says the funding bill cannot pass unless republicans get the changes to obama care they are demanding so the back and forth is still going on down on capitol hill. >>> heavy rain and wind pounded the washington, d.c. area even prompting several thunderstorms and tornado warnings. in the northeast part of dc a massive branch came crashing down on the hood of the car. and the owner and his girlfriend walked away unharmed. but in other areas the storm made for plenty of close calls and columbia heights several trees were uprooted and the storm caused flight delays at regional airports and the rain also made it really tough get around the streets and it was pretty tricky. >> it was pretty windy and coming down pretty hard, yes. and we took a break at national cathedral and we prayed and then here we go. >> despite the intenseity of the storm it was a welcomed sight by many residents. it was scary but maybe some people were happy to see the rain. we needed it. >> that's why. ye
debt ceiling. the speaker says the funding bill cannot pass unless republicans get the changes to obama care they are demanding so the back and forth is still going on down on capitol hill. >>> heavy rain and wind pounded the washington, d.c. area even prompting several thunderstorms and tornado warnings. in the northeast part of dc a massive branch came crashing down on the hood of the car. and the owner and his girlfriend walked away unharmed. but in other areas the storm made for...
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Oct 14, 2013
10/13
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the last time congress raced this debt ceiling -- raced this debt ceiling -- raised this debt ceiling, it was i want to $6.999 trillion. and technically we reached that on may 19 of this year. the treasury department has since been using what it calls extraordinary measures to keep paying our bills. but as secretary lew has communicated to this congress over and over in letter and in testimony, in just a few days, the treasury department will no longer have enough money to keep up, these extraordinary measures will have run out. and within a week or two later, we will end up at zero. so what are the bills? what are the bills that we need to raise this ceiling in order to pay? well, it's the salaries of all federal employees, including our military; it's social security and medicare payments; it's unemployment benefits; tax refunds; and interest on our sovereign debt. raising the debt limit allows the treasury to borrow the money it needs to pay these bills. that's. -- that's it. if on any particular day more bills come due than we have cash in our accounts to cover, then the united st
the last time congress raced this debt ceiling -- raced this debt ceiling -- raised this debt ceiling, it was i want to $6.999 trillion. and technically we reached that on may 19 of this year. the treasury department has since been using what it calls extraordinary measures to keep paying our bills. but as secretary lew has communicated to this congress over and over in letter and in testimony, in just a few days, the treasury department will no longer have enough money to keep up, these...
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Jan 14, 2013
01/13
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they could default on the debt, unless the debt ceiling is raised. republicans want the president to cut spending before they i gree on a deal. but the president at no time seem eager for compromise. listen. >> we have to stop lurking from crisis to crisis to crisis. when there is a clear pass that requires discipline, responsibility and compromise. >> dana: yet, he showed little willingness to do so. >> i'm willing to compromise and find common ground over how to reduce the deficit, america cannot afford another debate with this congress about whether or not they should pay the bills they have racked up. what i will not do is to have that negotiation with gun at the head of the people. >> dana: interesting choice of words to describe that. eric, you talked about not wanting the country to lurch from crisis to crisis. most americans would agree and want washington to fix fundamental problems. why do we have to have the debate every three months? >> eric: sure. start with the debt ceiling and how it came about. prior to world war i, everybody was paid
they could default on the debt, unless the debt ceiling is raised. republicans want the president to cut spending before they i gree on a deal. but the president at no time seem eager for compromise. listen. >> we have to stop lurking from crisis to crisis to crisis. when there is a clear pass that requires discipline, responsibility and compromise. >> dana: yet, he showed little willingness to do so. >> i'm willing to compromise and find common ground over how to reduce the...
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Jan 15, 2013
01/13
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translation, the debt ceiling deal didn't do enough about the debt itself. so keep this in mind when you hear it said,be with great certainty it's the republicans trying to force spending cuts over endangering the nation credit rating. as will rogers quoted once, "it isn'tbe what we don't know that gives us trouble. it's what we know that ain't so." bret? >> bret: the president has effectively turned the messaging around. by saying it's about paying the bills that congress has already passed. the laws that it's already passed. republicans are saying it's about borrowing authority. essentially running up the country's credit card. >> exactly. what the republicans are saying is look, we maxed out the credit card. it's time before we extend any new credit or allow any new credit to do something aboutbe the spending that got us here. that would seem on the surface to be a reasonable argument. but so far, the republicans have not been able to win it. and what tends to happen in the fights when you get all of this late hour melodrama as we have had in the last cou
translation, the debt ceiling deal didn't do enough about the debt itself. so keep this in mind when you hear it said,be with great certainty it's the republicans trying to force spending cuts over endangering the nation credit rating. as will rogers quoted once, "it isn'tbe what we don't know that gives us trouble. it's what we know that ain't so." bret? >> bret: the president has effectively turned the messaging around. by saying it's about paying the bills that congress has...
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Oct 13, 2013
10/13
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KQED
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the debt ceiling will have a profound effect on the economy. not just the shutting of the monuments and the none i'll of payments here and there. -- and the denial of payments here and there. i think the parties deserve equal blame. months, you will jeopardize the credit, you will give other countries an opportunity to look for another reserve currency. you look for the one person you saw first. he is the president. i'm just talking about the political effects. not who is to blame. that is what i think the president has offered -- he offered this on tuesday in the press conference. jay carney was asked outright, if you are asked to short-term -- if you were offered a short- term extension of the debt ceiling, would you do it? jay carney answered yes. look at the transcript. they reason they answered yes was every day you approach the debt limit, it is very -- >> now they want to walk back. ofnow they have an offer november 22. willt the question is, they open up the government? >> put yourself in the position of a member of congress. whether yo
the debt ceiling will have a profound effect on the economy. not just the shutting of the monuments and the none i'll of payments here and there. -- and the denial of payments here and there. i think the parties deserve equal blame. months, you will jeopardize the credit, you will give other countries an opportunity to look for another reserve currency. you look for the one person you saw first. he is the president. i'm just talking about the political effects. not who is to blame. that is what...
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Mar 3, 2013
03/13
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CNNW
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the nation will once again hit the debt ceiling and risk defaulting on its debt. and on its loans. republicans in congress will demand spending cuts in exchange for a vote on raising the debt ceiling. now there's a bit of good news. that is the president and the house speaker signaled that they will work hard to make sure that the government does snot shut down. in this climate of grid lock. you do not know. they have different ideas and priorities of how to fund the government. the house is starting to move legislation this week to keep the government running. >> all right, dana bash in washington, thank you very much. one prominent republican is not buying the dire predictions over the spending cuts and he is mitt romney. remember him? the former gop president called the cuts an opportunity to help the economy recover. and he blames politics forgettiforge getting in the way. >> this is an opportunity, i look at the seester -- the sequester and the expiring tax cuts to solve the fiscal problems. if we do it, we will be more competitive globally and lead the world in the coming cen
the nation will once again hit the debt ceiling and risk defaulting on its debt. and on its loans. republicans in congress will demand spending cuts in exchange for a vote on raising the debt ceiling. now there's a bit of good news. that is the president and the house speaker signaled that they will work hard to make sure that the government does snot shut down. in this climate of grid lock. you do not know. they have different ideas and priorities of how to fund the government. the house is...
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Jan 15, 2013
01/13
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but they want it separated from debt ceiling. >> let's talk about this debt ceiling thing, howard. do you think the press objectively can report the way the president tried to sell it, which is if this government can't pay its debts, refuses to pay it because of the debt ceiling, is that the republican decision or is it going to be played, conflict in washington, gridlock, both parties to blame? >> well, the president said in the press conference i think people will blame all of washington, but he didn't mean it. and he doesn't believe it. he thinks, and i think rightly thinks, that the political onus will be on the republicans. the president said we aren't a deadbeat nation, which is one of many great quotes in that press conference. >> i like that word, deadbeat. >> we aren't a deadbeat nation, and he said the republicans will turn us into a deadbeat nation if they do what they're threatening -- >> if somebody else objects to the question, if there's a different answer, i'll accept it. did the democrats ever play the game of not paying the bills of the united states government as
but they want it separated from debt ceiling. >> let's talk about this debt ceiling thing, howard. do you think the press objectively can report the way the president tried to sell it, which is if this government can't pay its debts, refuses to pay it because of the debt ceiling, is that the republican decision or is it going to be played, conflict in washington, gridlock, both parties to blame? >> well, the president said in the press conference i think people will blame all of...
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Oct 9, 2013
10/13
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WTTG
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hits the debt ceiling. we showed people the image and asked them for three words about the image. >> here grew. >> give me three words. >> do your job. >> lack of function. >> irritating, frustrating and blameless. >> painful. senseless. and selfish. >> what are your three words? >> i am optimistic. >> blame, responsibility and authority. >> freedom, ridiculous and help. >> can you reveal the -- reveal the image? >> sure. >> as you can see that image was indeed the white house. we can ale agree help is needed in the worst way. the shut down and furloughed workers is bad enough but if a debt ceiling agreement isn't reached we're looking at economic chaos scott. enough is enough. there's three words for you. new details about a story that made headlines nationwide. >> it turns out that 9-year-old who snuck on the airplane has an arrest record. >> plus the battle over the water front park in alexandria leaders have the solution to their problem. st we gotta go! yeah, oh. no, i gotta go. oh, can you make that t
hits the debt ceiling. we showed people the image and asked them for three words about the image. >> here grew. >> give me three words. >> do your job. >> lack of function. >> irritating, frustrating and blameless. >> painful. senseless. and selfish. >> what are your three words? >> i am optimistic. >> blame, responsibility and authority. >> freedom, ridiculous and help. >> can you reveal the -- reveal the image? >> sure....
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Jan 15, 2013
01/13
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raising the debt ceiling does not authorize more spending. it simply allows the country to pay for spending that congress has already committed to. >> and of course republicans tried to trick americans into believing the debt ceiling was a blank check or magic credit card for the president to go spend whatever he wanted to spend. of course, the united states constitution gives the power to tax and spend to the congress, and the congress alone. our current deficit is the result of money congress has already borrowed. president obama explained to the american people today how republicans in congress are trying to avoid doing their actual jobs. >> these are bills that have already been racked up. and we need to pay them. so while i'm willing to compromise and find common ground over how to reduce our deficits, america cannot afford another debate with this congress about whether or not they should pay the bills they've already racked up. >> if the american people do not catch on to the severity of all of this, of defaulting on our debts, the cou
raising the debt ceiling does not authorize more spending. it simply allows the country to pay for spending that congress has already committed to. >> and of course republicans tried to trick americans into believing the debt ceiling was a blank check or magic credit card for the president to go spend whatever he wanted to spend. of course, the united states constitution gives the power to tax and spend to the congress, and the congress alone. our current deficit is the result of money...
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Sep 25, 2013
09/13
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FOXNEWSW
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let's deal with the debt ceiling. the bottom line is the president had a phone call late friday night before he headed to the u.n. with speaker boehner. we're told it was brief because the president said he's not going to negotiate anything at all on the debt ceiling. that frustrated republicans, they think the president should sit down with them and go through a number of things they want to add to lifting the nation's debt ceiling. perhaps claiming the healthcare law but jay carney at the podium may it clear they're not going to negotiate and want a clean up or down vote. >> everybody agrees, all the leaders and i think most of the rank and file agree that the debt ceiling must be raised. so you have this unique situation in washington where everybody agrees on a single thing. so congress ought to just raise it. >> in terms of dealing with the healthcare law itself and wrapped up in the other separate negotiations to deal with whether or not the government's going to shut down, as you were talking with senator vitte
let's deal with the debt ceiling. the bottom line is the president had a phone call late friday night before he headed to the u.n. with speaker boehner. we're told it was brief because the president said he's not going to negotiate anything at all on the debt ceiling. that frustrated republicans, they think the president should sit down with them and go through a number of things they want to add to lifting the nation's debt ceiling. perhaps claiming the healthcare law but jay carney at the...
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Jan 19, 2013
01/13
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president obama warned republicans about taking the debt ceiling hostage. it looks like they heard the message. >> the financial well-being of the american people is not leverage to be used. the full faith and credit of the united states of america is not a bargaining chip. and they better choose quickly because time is running short. >> republicans made their choice today during a gop retreat in williamsburg, virginia. house majority leader eric cap tore reportedly announced plans to pass a bill extending the debt limit for an additional three months. it's the clearest signs yet republicans have no intention of ever defaulting on the country's debt. in a statement the white house responding, saying, we are encouraged. there are signs congressional republicans may back off their insistence on holding our economy hostage to extract drastic cuts in medicare, education and programs middle class families depend on. the temporary nature of the increase is somewhat troubling. a white house official told nbc news it's a terrible way to run the country. but the aid
president obama warned republicans about taking the debt ceiling hostage. it looks like they heard the message. >> the financial well-being of the american people is not leverage to be used. the full faith and credit of the united states of america is not a bargaining chip. and they better choose quickly because time is running short. >> republicans made their choice today during a gop retreat in williamsburg, virginia. house majority leader eric cap tore reportedly announced plans...
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Oct 7, 2013
10/13
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WMAR
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congress needs to raise the debt ceiling by october 17th. >>> here in maryland. this is the first furlough day for many lockheed-martin company. 500 workers are at the plan in middle river. 3,000 workers around the nation will stay home. for some, because where they work is inside of a federal building and it is closed. others is because the work is tied a federal agency that is shutdown. they are encouraging employees to use paid vacation and sick time. the company says the number of employees can vary from day-to- day depending on what they do. and the length will be a factor. lockheed-martin is one of the biggest suppliers of military equipment in the country. now, is not known how many workers in our area will be affected. once again, furloughs begins today. >>> the supreme court begins today and the docket is crowded with a number of issues. campaign finance, affirmative action, prayer and abortion is on
congress needs to raise the debt ceiling by october 17th. >>> here in maryland. this is the first furlough day for many lockheed-martin company. 500 workers are at the plan in middle river. 3,000 workers around the nation will stay home. for some, because where they work is inside of a federal building and it is closed. others is because the work is tied a federal agency that is shutdown. they are encouraging employees to use paid vacation and sick time. the company says the number of...
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Oct 12, 2013
10/13
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MSNBCW
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now, they've decided, please do raise the debt ceiling. they announced they're just fine with raising the debt ceiling because it's still all about obama care for them. so, this is heritage foundation. don't raise the debt ceiling, now, please do. but for them, it's all about obama care. next up in terms of influence, the club for growth. the grover norquist antitax conservative group, they had a change of heart. they used to be all about raising the debt ceiling, but their message has been do not raise the debt ceiling. this week though, the club for growth also announced look away if republicans do decide to raise the debt ceiling, so it's still not about obama care, but now, their new message, we want lots of nonobama care related things, but don't hit the debt ceiling on our account. that was how their message changed this week. now, the coch brothers funded the americans for prosperity group. they want the government shut down. they do not want to raise the debt ceiling. they want none of that. so, for them, it is not particularly abo
now, they've decided, please do raise the debt ceiling. they announced they're just fine with raising the debt ceiling because it's still all about obama care for them. so, this is heritage foundation. don't raise the debt ceiling, now, please do. but for them, it's all about obama care. next up in terms of influence, the club for growth. the grover norquist antitax conservative group, they had a change of heart. they used to be all about raising the debt ceiling, but their message has been do...
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Oct 12, 2013
10/13
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their message has been do not raise the debt ceiling. this week though, the club for growth also announced look away if republicans do decide to raise the debt ceiling, so it's still not about obama care, but now, their new message, we want lots of nonobama care related things, but don't hit the debt ceiling on our account. now, the coch brothers funded the mirnes for prosperity group. they want the government shutdown. they do not want to raise the debt ceiling. they want none of that. so, for them, it is not particularly about obama care. it's not really about obama care for them. but they are definitely willing to hit the debt ceiling for all the other stuff they want. at least they have stayed the same. they're funded by the coch brothers. they've been funding basically all of the groups that have been demanding a government shutdown. they funded heritage action, afp, all the tea party groups. shut down the government, right? shut down the government, it's all about obama care. they've spent over $2 hundred million in a year. on thes
their message has been do not raise the debt ceiling. this week though, the club for growth also announced look away if republicans do decide to raise the debt ceiling, so it's still not about obama care, but now, their new message, we want lots of nonobama care related things, but don't hit the debt ceiling on our account. now, the coch brothers funded the mirnes for prosperity group. they want the government shutdown. they do not want to raise the debt ceiling. they want none of that. so, for...
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Sep 24, 2013
09/13
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. >> days after the budget deadline next week is the debt ceiling debt line. if it is not raised the country could falter in their debt leading to worse consequences. >> the i.r.s. official at the center of the tea party scandal is retiring. lois lerner led the department. she was placed on paid leave back in may. she was in charge the agency admitted to targeting tea party groups with extra scrutiny when they applied for tax exempt status. >> baltimore rave and haves player hurt on a stripper bus -- baltimore ravens player hurt on a stripper bus. >> mike shanahan has something to say about yesterday's crushing defeat. >> tonight the fight to keep the latest grand theft auto game out of the hands of young people. >> baltimore beated rye d-- baltimore ravens player was hit in the head with a large champagne bottle. all players were at practice today. ravens coach says he had a talk with them. >> the redskins were off to their worst start in a dozen years. now 0-3 after sunday's loss to the lions at fedex field. sports director sco
. >> days after the budget deadline next week is the debt ceiling debt line. if it is not raised the country could falter in their debt leading to worse consequences. >> the i.r.s. official at the center of the tea party scandal is retiring. lois lerner led the department. she was placed on paid leave back in may. she was in charge the agency admitted to targeting tea party groups with extra scrutiny when they applied for tax exempt status. >> baltimore rave and haves player...
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Sep 18, 2013
09/13
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ceiling does not increase our debt. it does not somehow promote -- all it does is it says you've got to pay the bills you've racked up, congress. it's a basic function of making sure that the full faith and credit of the united states is preserved. and i've heard people say, well, in the past, there have been negotiations around raising the debt ceiling. it's always a tough vote because the average person thinks raising the debt ceiling must mean running up our debt, so people don't like to vote on it and typically, there's some guns in terms of making the president's party shoulder the burden and then there's some political campaign later that smacks around for saying, joe smith voted to raise the debt ceiling by $2 trillion and it soupds terrible and it's a fun talking point for politics, but it always gets done. if there is a budget package that includes the debt ceiling vote, it's not the debt ceiling that is driving the negotiations, it's stick into the budget negotiations because if you're going to take a bunch of
ceiling does not increase our debt. it does not somehow promote -- all it does is it says you've got to pay the bills you've racked up, congress. it's a basic function of making sure that the full faith and credit of the united states is preserved. and i've heard people say, well, in the past, there have been negotiations around raising the debt ceiling. it's always a tough vote because the average person thinks raising the debt ceiling must mean running up our debt, so people don't like to...
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Oct 12, 2013
10/13
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MSNBC
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now, they've decided, please do raise the debt ceiling. they announced they're just fine with raising the debt ceiling because it's still about obama care for them. so, this is heritage foundation. don't raise the debt ceiling, now, please do. but for them, it's all about obama care. next up in terms of influence, the club for growth. the grovr norquist antitax conservative group, they had a change of heart. they used to be all about raising the debt ceiling, but their message has been do not raise the debt ceiling. this week though, the club for growth also announced look away if republicans do decide to raise the debt ceiling, so it's still not about obama care, but now, their new message, we want lots of nonobama care related things, but don't hit the debt ceiling on our account. now, the coch brothers funded the americans for -- they want the government shut down. they do not want to raise the debt ceiling. they want none of that. so, for them, it is not particularly about obama care. it's not really about obama care for them. but they
now, they've decided, please do raise the debt ceiling. they announced they're just fine with raising the debt ceiling because it's still about obama care for them. so, this is heritage foundation. don't raise the debt ceiling, now, please do. but for them, it's all about obama care. next up in terms of influence, the club for growth. the grovr norquist antitax conservative group, they had a change of heart. they used to be all about raising the debt ceiling, but their message has been do not...
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Sep 27, 2013
09/13
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MSNBC
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do not mess with the debt ceiling. but two years ago, regardless, in 2011, republicans in congress messed with the debt ceiling. they took us right to the brink of default, and even just getting to the brink was enough to not only get the u.s. government's credit rating downgraded for the first time in our history, it also took what had been relatively strong job growth and put a big four-month dent in it. and now two years later, we're doing it all over again. today, house republicans unveiled their big wish list for all the things that they want, in exchange for not sending the country into catastrophic default. the u.s. government is set to go into default on october 17th, three weeks from today. and republicans say that they will let that happen. they will crash our economy and likely crash the world economy, unless democrats agree to pretty much everything republicans have asked for over the last few years. they want to delay obama care for a year, they want to gut wall street reform, they want to approve the keys
do not mess with the debt ceiling. but two years ago, regardless, in 2011, republicans in congress messed with the debt ceiling. they took us right to the brink of default, and even just getting to the brink was enough to not only get the u.s. government's credit rating downgraded for the first time in our history, it also took what had been relatively strong job growth and put a big four-month dent in it. and now two years later, we're doing it all over again. today, house republicans unveiled...
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Jan 15, 2013
01/13
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ceiling. >> now the other imposition is called the debt ceiling. something most americans had not heard of before two years ago. so i want to be clear about this. the debt ceiling is not a question of authorizing more spending. raising the debt ceiling does not authorize more spending. it simply allows the country to pay for spending that congress has already committed to. >> and of course republicans tried to trick americans into believing the debt ceiling was a blank check or magic credit card for the president to go spend whatever he wanted to spend. of course, the united states constitution gives the power to spend to congress. the result is the money congress has already borrowed. president obama explained to the american people in congress how they're trying to do their actual jobs. >> these are bills that are racked up. and we need to pay them. so while i'm we'illing to find compromise on how to pay our debts, americans should not be stopped from paying the bills we racked up. >> the country will be in a dire situation. president obama knows
ceiling. >> now the other imposition is called the debt ceiling. something most americans had not heard of before two years ago. so i want to be clear about this. the debt ceiling is not a question of authorizing more spending. raising the debt ceiling does not authorize more spending. it simply allows the country to pay for spending that congress has already committed to. >> and of course republicans tried to trick americans into believing the debt ceiling was a blank check or...
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Jan 16, 2013
01/13
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ceiling and thereby cause an economic catastrophe. >> the process of raising the debt ceiling should not be used as a political weapon against the american people. >> and say a legislative relic has now been weaponized. >> megyn: well, that was a news conference a short time ago. house democrats hold ago news conference to abolish the debt ceiling even as we watch the debt race up to the 16.4 trillion dollar limit and we hear talk now about circles of whole new class of taxes that the american people may be saddled with. stu varney is varney and company on the fox business network. they're not the majority in the house, but there is he' a push to make them the majority in the house. and president obama is reportedly maneuvering in a lot of ways, politically now to try to set the democrats up to retake control of the house and there's a question about whether as soon as 2014, if they get their way, they're going to get rid of the debt ceiling. what would that do? >> what they want is unlimited borrowing by the administration so the treasury can say, i want to borrow, this, this, this,
ceiling and thereby cause an economic catastrophe. >> the process of raising the debt ceiling should not be used as a political weapon against the american people. >> and say a legislative relic has now been weaponized. >> megyn: well, that was a news conference a short time ago. house democrats hold ago news conference to abolish the debt ceiling even as we watch the debt race up to the 16.4 trillion dollar limit and we hear talk now about circles of whole new class of taxes...
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Sep 26, 2013
09/13
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the debt ceiling is where the rubber meets the road. jack lew says earlier in october they run out of cash. it's a cash flow problem. if things are attached to that debt ceiling and we start looking at another downgrading of the u.s. economy, that's really serious stuff. that's your 401(k). >> that's stuff that doesn't get reversed even if retroactively fixed. when we had a credit downgrade as a nation, minor and controversial one, that's something that has consequences in a way that takes years, maybe decades to grow out of. you look back at the way ronald reagan invade in the '80s against messing with the debt ceiling. really messing with it? just taking reagan's arguments alone about the harm to the nation ought to be convincing to anybody on any part of the political spectrum as long as you love this country and as long as you don't want to wantonly inflict harm that's very hard to grow out of. the shutdown thing, i believe that's going to happen. i realize that's not aiousally held view. i think the shutdown will happen and when we
the debt ceiling is where the rubber meets the road. jack lew says earlier in october they run out of cash. it's a cash flow problem. if things are attached to that debt ceiling and we start looking at another downgrading of the u.s. economy, that's really serious stuff. that's your 401(k). >> that's stuff that doesn't get reversed even if retroactively fixed. when we had a credit downgrade as a nation, minor and controversial one, that's something that has consequences in a way that...
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Oct 10, 2013
10/13
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the debt ceiling. jay carnie finally said, yes, the president would approve just extending the debt ceiling while they talk about things. that's a retreat for the president and boehner. the president said he is not going gunshot with a gun to his head. if he said, just deal will default but not re-opening the government, he is talking to republicans and negotiating something he said he wasn't going to do. >> shepard: mike now we're hearing from a couple of republicans -- i don't no who they are -- up named republican senators who say, let's re-open the government, too, or put that on the table. do you know who those senators are? >> i've spoken to multiple senators who are apprehensive. six weeks is not terribly long in washington, dc so by saying you're going to extend the debt ceiling six weeks, it's going to come up right before thanksgiving again and does not allow a whole lot of time for negotiation. >> shepard: they want to have a fight over turkey? seriously? they don't want to do that. why woul
the debt ceiling. jay carnie finally said, yes, the president would approve just extending the debt ceiling while they talk about things. that's a retreat for the president and boehner. the president said he is not going gunshot with a gun to his head. if he said, just deal will default but not re-opening the government, he is talking to republicans and negotiating something he said he wasn't going to do. >> shepard: mike now we're hearing from a couple of republicans -- i don't no who...
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Jan 5, 2013
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ronald reagan, george bush, both bushes, raised the debt ceiling, bill clinton raised the debt ceiling, that's something we've never played with because then we're playing with the country's credit rating and that's something we should all come together on and we've never had it happen before. why now play politics on the debt ceiling. it doesn't make sense. >> i'll have to leave it retorically, good to see you. >>> new revelations about marilyn monroe, you'll hear from the reporter that dug up fbi files on the movie star. [ male] research suggests cell health plays a key role throughout our lives. one a day men's 50+ is a complete multivitamin designed for men's health concerns as we age. it has 7 antioxidants to support cell health. one a day men's 50+. [ slap! ] [ slap! slap! slap! slap! ] ow! ow! [ male announcer ] your favorite foods fighting you? fight back fast with tums. calcium-rich tums starts working so fast you'll forget you had heartburn. ♪ tum tum tum tum tums woman: we're helping joplin, missouri, come back from a devastating tornado. man: and now we're helping the eas
ronald reagan, george bush, both bushes, raised the debt ceiling, bill clinton raised the debt ceiling, that's something we've never played with because then we're playing with the country's credit rating and that's something we should all come together on and we've never had it happen before. why now play politics on the debt ceiling. it doesn't make sense. >> i'll have to leave it retorically, good to see you. >>> new revelations about marilyn monroe, you'll hear from the...
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Jan 29, 2013
01/13
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once again finds itself locking horns with republicans over the issue of raising the debt ceiling. the amount of money the nation is legally allowed to borrow. >> oh, yeah. when it comes to raising the debt ceiling, the president is having a hard time getting it up. >> brian williams does such a good job slow jamming. that's going to wrap things up for me today. i'm going to see you tomorrow, 11:00 a.m. eastern. joining us richard bloomen thaul and debbie wasserman schultz and david ciciline and mayor greg stanton of phoenix. you should have seen the way it was spelled in my prompter. you should have seen it, alex. you can't. you know? they try to make things easier for me, and then i just mess it up. now with alex wagner coming up next. don't go anywhere. yes she is, yes she is. [ bop ] [ male announcer ] could've had a v8. 100% vegetable juice, with three of your daily vegetable servings in every little bottle. in that time there've been some good days. and some difficult ones. but, through it all, we've persevered, supporting some of the biggest ideas in modern history. so why s
once again finds itself locking horns with republicans over the issue of raising the debt ceiling. the amount of money the nation is legally allowed to borrow. >> oh, yeah. when it comes to raising the debt ceiling, the president is having a hard time getting it up. >> brian williams does such a good job slow jamming. that's going to wrap things up for me today. i'm going to see you tomorrow, 11:00 a.m. eastern. joining us richard bloomen thaul and debbie wasserman schultz and david...
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Sep 27, 2013
09/13
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. >> but the debt ceiling. >> the debt limit we will introduce a plan. >> a cash flow problem. >> the president says i am not going to negotiate. >> i will not negotiate. >> i'm sorry it just doesn't work that way. >> the tea party republicans have taken it to a whole new level. >> the american people don't want the president's health care bill. >> elections have consequences. >> even if you've didn't vote for me, i bet you will sign up for the health care plan! ♪ >>> five days before enrollment begins for obama care, president obama took a stand against republicans threatening a government shutdown. the president went to maryland and began by explaining why he won't consider defunding obama care. >> in fact, for the past few years since i signed the affordable care act, a lot of you have been enjoying new benefits you didn't have before even if you didn't know they were coming from obama care. because the affordable care act, more than 100 million americans have gotten free preventative care. because of the affordable care act, 3 million young adults under age 26 have gained covera
. >> but the debt ceiling. >> the debt limit we will introduce a plan. >> a cash flow problem. >> the president says i am not going to negotiate. >> i will not negotiate. >> i'm sorry it just doesn't work that way. >> the tea party republicans have taken it to a whole new level. >> the american people don't want the president's health care bill. >> elections have consequences. >> even if you've didn't vote for me, i bet you will sign...
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Jan 14, 2013
01/13
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he's not negotiating over the debt ceiling. michael, is this more of what we're going to hear from him today? is he going to lay the groundwork for the battle ahead? >> i think so. to some degree i think what's happening is a game of chicken unfortunately. i know the financial markets hate it. and it kind of turns your stomach a little bit. but obama has said we're absolutely not negotiating over the weekend a significant event when the treasury department ruled out this kind of fantastical sounding option of minting a trillion dollar platinum coin. so they've closed yet another door, and he's essentially said, you know, i'm just not playing ball. i read that politico story today as very interesting. it could be john boehner's camp saying we can't control the far right wing. it could also be a little bit of a bluff. it may be that boehner really feels that way or maybe he wants the white house the think he feels that way and it could be, again, part of this grand game of chicken. everyone is positioning right now. that's what's
he's not negotiating over the debt ceiling. michael, is this more of what we're going to hear from him today? is he going to lay the groundwork for the battle ahead? >> i think so. to some degree i think what's happening is a game of chicken unfortunately. i know the financial markets hate it. and it kind of turns your stomach a little bit. but obama has said we're absolutely not negotiating over the weekend a significant event when the treasury department ruled out this kind of...
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Jan 14, 2013
01/13
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debt ceiling was introduced way back in world war one. it was meant to give the treasury department more spending at that time. wendall goler, the president seemed that he was willing to call the republicans' bluff on this thing. >> he won't collect ransom for not collecting it on the economy. the last time the country reached the debt ceiling, obama was thinking about what will be prioritized next time. >> if congressional republicans refuse to pay america's bills on times, social security checks and veterans benefits will be delayed. we might not be able to pay our troops or honor our contracts with small business owners. food inspectors, air traffic controllers, specialists who track down loose nuclear material wouldn't get paychecks. investors will ask if united states is america is a in fact a safe bet. >> reporter: they launched a new term by focusing on the issue likely to dominate the second term. >> shep: what are we hearing from republicans on this? >> republicans are looking at a fiscal perfect storm in march, avoid the fiscal
debt ceiling was introduced way back in world war one. it was meant to give the treasury department more spending at that time. wendall goler, the president seemed that he was willing to call the republicans' bluff on this thing. >> he won't collect ransom for not collecting it on the economy. the last time the country reached the debt ceiling, obama was thinking about what will be prioritized next time. >> if congressional republicans refuse to pay america's bills on times, social...
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Mar 2, 2013
03/13
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congress bitterly divided over the debt ceiling. republicans demanding $2.5 trillion in spending cuts p. >> no one wants the united states to defall on our obligations but we won't see real economic growth without a serious plan to deal with our deficit. >> every american is being held hostage by the republican majority. >> the fight goes right up to the deadline. but late on sunday, july 31st -- >> i want to northern plains that the leaders of both parties in both chambers have reached an agreement. >> a deal has been reached in the debt ceiling debate. >> a last-minute deal to raise the debt ceiling through the 2012 presidential elections. >> agonizing. we all were up late last nigh, eshg mails flying at midnight. >> congress agrees to about a trillion in cuts and the creation of a bipartisan supercommittee. it job to find another $1.5 trillion in cuts. crucially, if the super committee fail, then indiscriminate, across-the-board forced spending cuts would kick in in 2013. the geeky word for it in congress -- the sequester. relief
congress bitterly divided over the debt ceiling. republicans demanding $2.5 trillion in spending cuts p. >> no one wants the united states to defall on our obligations but we won't see real economic growth without a serious plan to deal with our deficit. >> every american is being held hostage by the republican majority. >> the fight goes right up to the deadline. but late on sunday, july 31st -- >> i want to northern plains that the leaders of both parties in both...
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this time it's called the debt ceiling. if you and the senate don't vote to raise the debt ceiling by october 17th we don't have cash to pay bills or pay down the ious we already owe on the debt we already have. in 2004, you voted against raising the debt ceiling and you said the vote to raise the debt limit for a third time in three years is a direct consequence of the reckless fiscal policy by the relationship leadership over the last three years. the deficit is higher now. do you regret saying that and voting that way in 2004? >> i do. i thought about that vote. i would vote definitely now. but what has changed now, is that nobody, myself or others who voted that way ever were saying they would allow the country to default on the debt. >> more symbolic. >> it was symbolic. it was about the fiscal situation and it does spur that conversation. what started in 2011, however, was people were actually saying they would allow the country to default. >> they are not saying that. the speaker is not saying that, is he? >> but wha
this time it's called the debt ceiling. if you and the senate don't vote to raise the debt ceiling by october 17th we don't have cash to pay bills or pay down the ious we already owe on the debt we already have. in 2004, you voted against raising the debt ceiling and you said the vote to raise the debt limit for a third time in three years is a direct consequence of the reckless fiscal policy by the relationship leadership over the last three years. the deficit is higher now. do you regret...
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ceiling -- lifting of the debt ceiling for a short term and then to use that time to negotiate. we're talking about maybe six weeks. this is something new that i just heard this morning, wolf. that is from a senior house republican source that it is entirely possible, maybe even probable that in order to do that they, republicans, would have to agree to what is effectively a clean debt ceiling increase. what the president is demanding. why would they do that? basically it's because, as the source said to me, the debt ceiling scares people. they understand, for the most part, not everybody, some people don't believe it's that big of a deal and it won't be the calamity that some people are predicting. but for the most part, house republicans understand the debt ceiling is a really big deal. that's why it's entirely possible that they would agree to something that is really effectively clean as long as they had very specific parameters laid out for negotiations that occurred right after they passed it dealing with entitlement reform, tax reform, anything that could deal with the de
ceiling -- lifting of the debt ceiling for a short term and then to use that time to negotiate. we're talking about maybe six weeks. this is something new that i just heard this morning, wolf. that is from a senior house republican source that it is entirely possible, maybe even probable that in order to do that they, republicans, would have to agree to what is effectively a clean debt ceiling increase. what the president is demanding. why would they do that? basically it's because, as the...
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Oct 14, 2013
10/13
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bills and ronald reagan said send me a debt ceiling increase. look what he says. he said -- "the full consequences of a default or even the serious prospect of default by the united states are impossible to predict and awesome to contemplate. denigration of the full faith and credit of the united states would have substantial effects on the domestic financial markets and the value of the dollar." ronald reagan, 1983. and that's when our economy was much smaller than it is today. so how does the party of ronald reagan now get us to this point where three days we're about to default? i didn't hear one word out of them when they decided to put two wars on the credit card and a huge tax break for billionaires on the credit card and a big medical prescription drug benefit on the credit card. not one word out of them. oh, vote, vote, vote, vote. and what happened? we had a surplus under bill clinton, we had a huge increase in the deficits under george w. bush, and, by the way, president obama got handed an enormous deficit which he has cut in half. so
bills and ronald reagan said send me a debt ceiling increase. look what he says. he said -- "the full consequences of a default or even the serious prospect of default by the united states are impossible to predict and awesome to contemplate. denigration of the full faith and credit of the united states would have substantial effects on the domestic financial markets and the value of the dollar." ronald reagan, 1983. and that's when our economy was much smaller than it is today. so...
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Sep 27, 2013
09/13
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the president argues the debt ceiling has never been used to negotiate non-debt matters. >> president obama: no congress before this one has ever, ever in history be irresponsible enough to threaten default. to threaten an economic shut down, to suggest america not pay its bills, just to try to bla blackmale a president to give them concession on issues that had nothing to do with a budget. >> reporter: according to the "washington post," they poent to 25 times in the 70s and 80s, congress used the debt ceiling to force concessions and exactly what the current congress john boehner: president says i am not going to negotiate. sorry, that doesn't work that way. >> reporter: charlene israel, cbn news. >> gordan: i think that the quickest way to get over 'obamacare' is let it go into effect and when the average american sees the impact, particularly americans age 27-40 who will bear the brunt, then we'll see the change. i wish capitol hill would start arguing about the budget and getting it to balance. that way we are not into these never ending budget battles and live within our means a
the president argues the debt ceiling has never been used to negotiate non-debt matters. >> president obama: no congress before this one has ever, ever in history be irresponsible enough to threaten default. to threaten an economic shut down, to suggest america not pay its bills, just to try to bla blackmale a president to give them concession on issues that had nothing to do with a budget. >> reporter: according to the "washington post," they poent to 25 times in the 70s...
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Sep 19, 2013
09/13
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ceiling or the threat of not raising the debt ceiling being used to extort a president or a governing party and trying to force issues that have nothing to do with the budget and nothing to do with the debt. >> let's get the latest now from dana bash on capitol hill. explain this to me. during the summer it seemed the house republican leadership did not want to -- this to happen. they didn't want to do this. what happened? >> reporter: what happened is they got a lot of pushback from the conservative grass roots. for five weeks, conservative groups were out there pounding away at conservative members saying, look, this is why we got you into office. this is what we want you to do. and this is the best leverage that we have, meaning try to repeal obama care, even if it means shutting down the government. and this is actually something that i asked the speaker about. he wasn't ever publicly against it, but we knew from reporting that privately he was very much against it. so i asked what gives. >> i know it's not been easy to be speaker over this caucus, but at this point, have you just
ceiling or the threat of not raising the debt ceiling being used to extort a president or a governing party and trying to force issues that have nothing to do with the budget and nothing to do with the debt. >> let's get the latest now from dana bash on capitol hill. explain this to me. during the summer it seemed the house republican leadership did not want to -- this to happen. they didn't want to do this. what happened? >> reporter: what happened is they got a lot of pushback...
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Sep 23, 2013
09/13
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you will say okay, we're going to litigate this fight on the big kahuna, which is the debt ceiling. the thing that is more distressing, the outcome of holding the full faith and credit of the united states hostage for political negotiations is one thing. it's about the psychology of the house caucus and what we have seen so far is is a lot of promising about debt ceiling. republicans have been promised a delay on obama care, a tax code overhaul, approving a grab bag of republican wish list goodies and they have been promised this on negotiations over the debt ceiling. if they don't get that, what happens? >> the plan is to try to get a bill out this week that includes all of those goodies and they feel pretty confident that they can use it pretty successfully because they don't believe that the white house and the democrats and senate have the votes to pass a clean bill. so they're going to do it. they are hopeful. they feel like that's the best leverage that they have and that they can maybe get some goodyie. >> as far as the sense of doom and gloom, as the cr is dealt with, the de
you will say okay, we're going to litigate this fight on the big kahuna, which is the debt ceiling. the thing that is more distressing, the outcome of holding the full faith and credit of the united states hostage for political negotiations is one thing. it's about the psychology of the house caucus and what we have seen so far is is a lot of promising about debt ceiling. republicans have been promised a delay on obama care, a tax code overhaul, approving a grab bag of republican wish list...